1891 Fredonia Opera House

Analysis

1891 Fredonia Opera House is a registered charity in United States, based in Fredonia, NY. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 1891 Fredonia Opera House reported income of $328k and spending of $332k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $328k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 1891 Fredonia Opera House sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include The Capitol Symphonic Youth Orchestras Inc ($328k), The Bird Dog Foundation Inc ($328k) and Rocky Mountain Quilt Museum ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 49% of the total. Other salaries and wages came to $149k. At year end it held assets of $217k against liabilities of $19k, net assets of $198k. It reported 3 employees.